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The Lawyer - Real Estate client survey

The Lawyer Global Real Estate report - the client view

These questions relate to the type of big-ticket real estate transactions (covering property management, asset management and trading/investment) regularly handled by major clients and firms in the UK 200 or AmLaw 200.
1. To what extent do you agree or disagree with the following statement:

The use of new technology will be one of the defining factors in the future success of law firms' international real estate practices over the next five years.
2. Currently, how important a factor to you in the overall service you get from your external legal advisers on major real estate transactions is its use of AI or AI-type technology?
3. In three years from now, how important a factor to you in the overall service you get do you think AI or AI-type technology will be?
5. In three years from now, how important a factor do you believe a law firm's use of AI or AI-type technology will be in influencing your decision over whether to work with them on a major real estate transaction?
6. To what extent do you believe the use of new technology will reduce the cost of a firm's service to you?